Japan, China and Greece continue to dominate shipowning nations both in fleet size and fleet value according to Veson Nautical’s VesselsValues.

A feeder and short sea shipping operator has been launched in Saudi Arabia, headed by former Hamburg Sud boss, Poul Hestbaek.

Ocean Alliance has chosen a period of crisis and flux to emphasise the container lines’ commitment to stability and cooperation by announcing an extension to the grouping of five years, from 2027.

Yet another attack on commercial vessels in the Red Sea/Gulf of Aden region, this time on the US flagged chemical tanker Torm Thor, again emphasises the difficulty in protecting trading routes from missile and drone attacks.

In 2023 the Panama Canal’s revenues increased by 14.9% to $4.97 billion despite handling less cargo due to draught and transits restrictions caused by drought.

Asian container lines including Cosco, Evergreen, HMM, and Ocean Network Express (ONE), as well as Anglo-Eastern Ship Management, are amongst the hardest hit by the European Union’s Emissions Trading System (ETS) which entered force at the...

The supply chain disruption of the pandemic brought a slew of complaints and actions in the US by shippers against container carriers related to demurrage and detention (D & D).

A Houthi missile found its target some 70 nm south of Aden causing minor damage and a minor injury to a crew member, according to reports from US Central Command (CENTCOM).

The idle container ship fleet has contracted again as the crises in the Red Sea and Panama Canal suck capacity into service diversions and distort the market, as newbuildings arrive to alleviate tonnage crunch.

Throughput at the Port of Rotterdam fell by 6.1% in 2023 as geopolitical unrest, low economic growth and high inflation weighed on Europe.